In
the movie 'The Hummingbird Project’, the waitress wants to know how the
new fiber pipeline that goes from Kansas Electronic Exchange to NYSE (
enabling data transfer times of 16 milliseconds) will help the lemon
farmers in Zimbabwe whose shares are being traded. The project owner
responds that the ‘ Zimbabwe farmers are irrelevant variable in the
equation’!
A great many human endeavors of the current age tend to result in nothing concrete. The examples are many:
- The huge number of derivative products cooked up by the Wall Street only seem to create high trader bonuses and market volumes while resulting in huge losses on balance sheets (e.g. Deutsche Bank) , big bank failures and job losses
- The multiple social media platforms like Snapchat,Facebook, YouTube, OTT platforms like Prime, Netflix et al keep people busy watching inane videos and posts which they would have otherwise spent in being productive.
- Billions of selfies do not seem to generate anything concrete either except traffic accidents and depression
- Ultra cheap data plans are causing people to glue themselves to the pocket screens without any purpose.
- Fake news,fake products and fake posts are resulting in fixed elections, wasted money and emotional outbursts.
As George Carlin says, is this the best we can show to aliens when they visit us , as proof of our evolution???
